Next week's three-nation foreign tour of Prime Minister Narendra Modi will see India and Oman sign a free trade deal. The visit will also pave the way for agreements with Ethiopia and Jordan to increase India's bilateral trade and investments.
The first phase of the proposed India-US bilateral trade agreement (BTA) is 'nearing closure' and would address the hefty 50 per cent tariffs imposed by the Trump administration on Indian goods, in addition to resolving America's market access issues, a government official said on Monday.
From the Sensex firms, Adani Ports, Bharat Electronics, Eternal, Tata Motors Passenger Vehicles, State Bank of India and Kotak Mahindra Bank were among the biggest gainers. However, ITC, Bajaj Finance, Titan and Tech Mahindra were the laggards.
The Indian rupee weakened to a record intra-day low against the US dollar due to a strengthening greenback, continuous foreign capital outflows, and elevated global crude oil prices amidst the West Asia conflict.
Among Sensex firms, Power Grid, Eternal, Bharti Airtel, Axis Bank and Infosys were the biggest laggards. However, Mahindra & Mahindra, Sun Pharma, Kotak Mahindra Bank and State Bank of India were among the major gainers.
Russia has expressed strong concern over a US-Israeli strike on the Iranian port of Bandar Anzali, a key transit hub on the INSTC, warning of the risk of drawing Caspian states into the ongoing conflict.
Officials from both India and the US in the recent past have indicated that a "fair deal" will be concluded soon, with Indian officials holding that more formal rounds of talks are not needed.
India's trade deficit with China is expected to reach $106 billion in 2025 as imports are rising faster than the country's exports to the neighbouring country, think tank GTRI said on Friday.
India's merchandise exports experienced a slight decrease in February, while imports surged due to increased gold and silver purchases, leading to a widened trade deficit. The West Asia crisis is expected to further impact trade in the coming months.
Kwatra termed India's successful launch of an American communication satellite on Wednesday as a 'very important and big day' for partnership between Washington and New Delhi, saying it caps a series of achievements in 2025 in bilateral space cooperation between the countries.
The Indian government has relaxed foreign direct investment (FDI) norms for countries sharing land borders with India, including China, a move that amends press note 3 of 2020.
On President Putin's two-day trip to India, Jaishankar said for a "big" and "rising" country like India, it is important to maintain good cooperation with as many important players as possible in the world in line with freedom of choice.
'We are now awaiting a response from the US; they have to get back to us.'
Sarjis Alam, chief organiser of the NCP for the northern region, alleged that attacks occurred at more than 30 locations involving the homes and business establishments of party leaders and activists after the results were declared.
A 24-year-old man in Delhi was arrested with his friend for allegedly staging a burglary at his own home to repay debts incurred from stock market trading.
Trade unions have decided to launch a phased, consistent struggle to press for the withdrawal of the labour codes and go on a countrywide general strike in February next year, a statement said on Tuesday. The date of the strike will be announced on 22nd December 2025 in the next meeting of the joint forum of central trade unions, a statement said.
'Trade deal will act as a strong trigger for market sentiment, not just for domestic investors but also for FIIs.'
The Swadeshi Jagran Manch (SJM) is advocating for the termination of the moratorium on customs duties for electronically transmitted digital products, arguing that it hinders self-reliance, causes revenue losses, and restricts India's ability to tax emerging technologies like AI.
Rajasthan Royals have suffered a major setback ahead of IPL 2026, with England all-rounder Sam Curran likely to miss the entire tournament due to a suspected groin injury.
The Indian rupee crashed to a record closing low against the US dollar due to rising global crude oil prices, a strengthening dollar, and geopolitical tensions in the Middle East.
Congress leader Shashi Tharoor disputes Donald Trump's claims of using trade to stop the India-Pakistan military conflict in May, citing conversations with government officials.
The UK Maritime Trade Operations issued a warning noting that the incident took place approximately 15 nautical miles north of Sharjah.
Delhi Police have arrested seven individuals involved in an illegal arms supply and betting racket, seizing significant assets and weapons.
While both sides have announced the decision to restart talks for a trade deal, government officials said discussions are continuing virtually.
Shares of e-commerce firm Meesho on Wednesday made a remarkable market debut by listing with a premium of more than 46 per cent against the issue price of Rs 111.
Prime Minister Narendra Modi has called for a swift end to the conflicts in West Asia and Ukraine, emphasising the importance of dialogue and diplomacy. He made the remarks after talks with Finnish President Alexander Stubb, where they also agreed to a strategic partnership in digitalisation and sustainability.
In view of the disruptive situations, the Central government has also announced a financial relief package of Rs 497 crores aimed at helping exporters affected by disruptions in West Asia.
Rupee slumped 69 paise to an all-time low of 92.18 against the US dollar in early trade on Wednesday, as a sharp spike in crude oil prices amid geopolitical tensions following the escalation of the US-Iran conflict weighed on investor sentiment.
The Directorate of Revenue Intelligence (DRI) seized a large consignment of prohibited walkie-talkies and second-hand hard disk drives (HDDs) at Nhava Sheva Port, leading to the arrest of a father-son duo involved in the illegal import.
Rajasthan Royals unveiled their new jersey for the IPL 2026 season at an event in Jaipur on Wednesday, marking the start of a new campaign for the inaugural champions.
India has rejected a report by the US Commission on International Religious Freedom (USCIRF) that criticised India's record on religious freedom and called for linking US security assistance and trade to improvements in this area.
West Bengal Chief Minister Mamata Banerjee has announced the formation of a Traders' Welfare Board to serve as a platform between traders and the state government.
Former Indian cricketer Ravichandran Ashwin has expressed his disappointment at the potential exit of all-rounder Ravindra Jadeja from Chennai Super Kings (CSK), saying that the move is "very unlike CSK", a franchise whose "identity was stability and trust in players".
Indore authorities have filed a criminal case against the operator of an illegal LPG warehouse after discovering 66 cylinders and refilling equipment.
The Directorate of Revenue Intelligence (DRI) seized a large consignment of illegal walkie-talkies and second-hand hard drives at Nhava Sheva Port, leading to the arrest of two individuals.
Indian stock market benchmark indices Sensex and Nifty experienced a significant drop in early trade due to rising crude oil prices, bearish global market trends, and continuous foreign fund outflows.
'Engaged in very fruitful discussions to expand our trade and economic partnership.'
Shardul Thakur was traded to the Mumbai Indians from the Lucknow Super Giants for IPL 2026 for Rs 2 crore.
Indian batter Sanju Samson arrived in Chennai ahead of the 19th season of the Indian Premier League, on Thursday.
Delhi Police arrested three men in Mahipalpur for illegally hoarding LPG cylinders and selling them at inflated prices. The raid uncovered a large number of domestic and commercial cylinders, along with refilling equipment.
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